‘Innovative’ digital-ad builder Adwerx lands $3M in funding

The company set the standard for easy digital advertising campaigns for real estate agents and brokerages, using retargeting and fast onboarding to place agents across the internet. Continue reading

Looking to renovate construction space, Freemodel secures $19.5M

QED led a $19.5 million Series A for Freemodel to expand its approach to prepaid, fully managed market preparation renovations, according to an announcement sent exclusively to Inman. Continue reading

Ribbon makes massive cuts, leaving fewer than 30 workers

In an email on Monday, a spokesperson for the power buyer confirmed to Inman that the firm had laid off workers and would now “be a company of less than 30 people.” Continue reading

BidMyListing secures $15M in additional funding, $20M to date

The company provides a conduit for real estate agents to bid money upfront for the opportunity to list properties. Funds provided will go to general growth initiatives, according to a statement. Continue reading

Property management software company DoorLoop unlocks $20M

Venture capital and the rent-tech players continue to get along well as the multi-sector startup pulls in a total of $30 million to date. Continue reading

Hometap raises $60M to bankroll growth of its home equity business

The growing business allows homeowners to access their home equity as their property values rise — without taking on more debt. Continue reading

Lessen hits unicorn status with $170M Series B

The new funding round of $170 million, for a total of $214 million raised, pushes Lessen into “unicorn” status, meaning its valuation has topped $1 billion. It’s the second industry player in November to earn the title. Continue reading

Adwerx nabs $14.5M to expand customer relationship advertising

Customer Relationship Advertising, or CRA, refers to the technology’s capability of connecting directly to clients’ CRM tools to identify and target leads with online campaigns, per agent. Continue reading

Co-investing startup Fractional raises $5.5M in seed funding

The San Francisco-based company’s platform helps pair would-be real estate investors with friends or strangers who want to co-own property. Continue reading

Opendoor boosts homebuying power with $9B borrowing limit

In a Securities and Exchange Commission filing on Oct. 4, Opendoor revealed it has entered into an amended mezzanine debt facility with a $3 billion limit. The amended mezzanine debt facility will bridge the gap between Opendoor’s debt and equity finan… Continue reading